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re: Downside Protection on Pullback

Posted on 1/21/21 at 4:23 pm to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35549 posts
Posted on 1/21/21 at 4:23 pm to
quote:

Yeah. Taking profits and sitting on the sidelines for a bit seems like a prudent move at this point in the run up.


We’ve had multiple threads with this line of thinking every month since July. What makes this time the smart move?
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41186 posts
Posted on 1/21/21 at 4:40 pm to
quote:

What makes this time the smart move?



The market hit my run up target? The last four market run ups were 2012-2015 (40%), 2015-2018 (42%), 2018-2020 (25%), 2020-2021 (40%) on the DJIA. The pullbacks have averaged about 15%. I think that's easily doable at these levels. Possibly worse if we get some bad COVID news or lose Biden.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 1/21/21 at 6:31 pm to
quote:

We’ve had multiple threads with this line of thinking every month since July. What makes this time the smart move?


Ever month since 2009 when I first started to hang out here. Want to guess how many got it right? Lot of gains in the market were missed by a bunch of people.
This post was edited on 1/21/21 at 6:33 pm
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